During its quarter three financial earnings report, food delivery company Zomato noted that the tech company's losses have widened further. The company also announced that it has ceased operations in 225 smaller cities as the performance of these cities was 'not very encouraging'. The company reported losses of ₹346.6 crore for the quarter that ended in December due to the reduction in the food delivery business.

#Zomato #DeepinderGoyal #ZomatoQ3